own property
Have legal possession
To own property is to have legal possession of land, buildings, or other assets.
Property ownership implies rights to use, sell, or transfer what you possess: They own property in three states.
The phrase often appears in discussions of wealth, taxation, and civic participation—historically, only those who owned property could vote.
- possessTo own or hold
- deedWritten property conveyance
- land deedProperty ownership certificate
- titleFormal honorific or name
- closing costsFees finalizing property purchase
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